期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2017
卷号：42
期号：2
页码：146-163
出版社：WAEA
摘要：This paper analyzes possible improvements to water allocation from introducing weatherderivatives as an insurance instrument in irrigation districts with no water markets and twocropping seasons. Dry-season production depends completely on irrigation, while wet-seasonproduction depends on irrigation as a supplement to naturally occurring precipitation. Usingan analytical model of water allocation and historical data from an irrigation district in CentralMexico, simulations show that weather derivatives could encourage interseasonal reallocationof water from wet to dry season, generating new Pareto-optimal water allocations that improveoverall welfare among producers.
关键词：crop insurance; irrigation districts; optimal irrigation policy; water management;weather derivatives
